2-Bedroom Rent · October 2026

2-Bedroom Apartment Rent in Smithfield, VA

$1,540/mo

Median asking rent for a 2-bedroom apartment in Smithfield, Virginia as of October 2026. That's +40% lower than the citywide median of $2,554 and +7% below the national 2-bedroom median of $1,657.

2-Bedroom median
$1,540
October 2026
vs city overall
-40%
$2,554 city median
vs national
-7%
$1,657 US median
Virginia rank
#23
of 78 cities

Income needed for a 2-bedroom in Smithfield

Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 2-bedroom at the current median rent.

Annual income
$61,600
Monthly gross
$5,133
Hourly (full-time)
$29.62

Rent by apartment size in Smithfield

Compare Smithfield's median rent across every apartment size.

Studio
$1,340
1-Bedroom
$1,340
2-Bedroom (current)
$1,540
3-Bedroom
$2,140
4+ Bedroom
$2,550

Cheapest cities for a 2-bedroom in Virginia

#City2-Bedroom rent
1Martinsville$880
2Danville$920
3Bellwood$1,008
4Madison Heights$1,010
5Bristol$1,100
6Roanoke$1,131
7Radford$1,140
8Christiansburg$1,170
9Salem$1,230
10Waynesboro$1,230
11Montrose$1,253
12Lynchburg$1,265
13Front Royal$1,280
14Staunton$1,300
15Forest$1,310

Most expensive cities for a 2-bedroom in Virginia

#City2-Bedroom rent
1Great Falls$3,470
2Aldie$3,130
3Gainesville$3,070
4Burke$2,940
5Vienna$2,930
6Springfield$2,863
7Chantilly$2,805
8Arlington$2,798
9Lorton$2,790
10Fairfax$2,703
11Oakton$2,700
12Ashburn$2,700
13Sterling$2,593
14Alexandria$2,584
15McLean$2,542

Nearby cities — 2-bedroom rent

Considering nearby alternatives? 3 of these cities have cheaper 2-bedroom rents than Smithfield.

CityDistance2-Bedroom rentvs Smithfield
Carrollton, VA9.5 mi$2,090+$550 (+36%)
Newport News, VA12.3 mi$1,530$-10 (-1%)
Yorktown, VA17.6 mi$2,100+$560 (+36%)
Suffolk, VA17.9 mi$1,880+$340 (+22%)
Williamsburg, VA20.5 mi$1,760+$220 (+14%)
Hampton, VA21.5 mi$1,588+$48 (+3%)
Portsmouth, VA24.4 mi$1,528$-12 (-1%)
Norfolk, VA28 mi$1,631+$91 (+6%)
Chesapeake, VA30.6 mi$1,883+$343 (+22%)
Virginia Beach, VA40.9 mi$2,014+$474 (+31%)
Hopewell, VA43.7 mi$1,430$-110 (-7%)
Colonial Heights, VA55.3 mi$1,560+$20 (+1%)

2-Bedroom rent in Smithfield — common questions

How much is a 2-bedroom apartment in Smithfield?

As of October 2026, the median 2-bedroom apartment rent in Smithfield, Virginia is $1,540 per month. This is +40% below the citywide median of $2,554.

What income do you need to afford a 2-bedroom in Smithfield?

Using the standard 30% rent-to-income rule, you would need an annual income of about $61,600 ($5,133/month gross), which works out to roughly $29.62/hour at a full-time job.

Is Smithfield expensive for a 2-bedroom compared to the rest of the US?

Smithfield's 2-bedroom median of $1,540 is +7% below the national 2-bedroom median of $1,657. It ranks in the 42th percentile of US cities tracked.

How does Smithfield rank for 2-bedroom rent in Virginia?

Among the 78 cities in Virginia with 2-bedroom data, Smithfield ranks #23 from cheapest to most expensive.

Are there cheaper 2-bedroom options near Smithfield?

Yes — nearby cities with cheaper 2-bedroom rents include Newport News ($1,530), Portsmouth ($1,528), Hopewell ($1,430).

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Methodology: Bedroom-level rent medians come from HUD Fair Market Rent data calibrated to the Zillow Observed Rent Index (ZORI) for Smithfield, which serves as the citywide anchor. When the HUD bedroom values exceed the ZORI city median (a common quirk in luxury markets and small samples), bedroom values are proportionally scaled down to align. Income required uses the standard 30% rent-to-income guideline. Comparison rankings use the same data month across all cities (October 2026) and exclude cities with median rent below $400 or above $20,000.